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Chemical Week Magazine :: Newsbriefs
Idemitsu Kosan, Mitsui & Co. cancel US alpha olefins
7:22 AM MDT | May 9, 2014
Idemitsu Kosan and Mitsui & Co. have decided not to proceed with their proposed linear alpha olefins joint venture project in the United States. The companies announced last year that they were studying a project to build a 330,000-m.t./year plant to take advantage of low-cost ethylene and planned to locate the facility at Dow Chemicalâ€™s Freeport, TX, site. Dow agreed to a long-term ethylene offtake deal with the jv, which has been terminated following Idemitsu and Mitsui & Co.â€™s decision to stop the...
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